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In 1649, as part of his plan for the construction of the Hôtel des Invalides, Louis XIV decided to restore the old "Chemin du Bois de la Garenne," which had become the "Rue de Varenne," that linked Saint-Germain-des-Prés, at the western end of Paris, with the marshy terrain chosen as the new building site. Henceforth the "Noble Faubourg" gained a new lease on life, the proximity of Versailles being irresistible for an aristocracy who lived exclusively by and for the Court.

Courtonne's design was highly original. Rising from a broad terrace, the main residence, a single-storey building crowned by a balustrade, comprises two suites of rooms. Access from the street is gained by a portico ornamented by columns. This archway reveals the main courtyard, bracketed by two low wings of offices and outbuildings, to the right of which are situated another courtyard, the stables and the kitchens. The façade is broken by three advances. Those to the right and left house the staircases, while the central pavilion displays a magnificent balcony sculpted with lion motifs. Visitors' admiration is drawn by two singular architectural features: the segmented cupola of the entrance hall and, to its right, the first room to have been originally designed for dining. The façade seen from the garden runs the entire length of the buildings, concealing the main courtyard and the servants' yard. Although the design results in a slight imbalance in the natural disposition of the mansion, it respects the placement of a central pavilion with three panels surmounted by a broken pediment bearing the arms of the owners.

Hôtel Matignon: interiors

Its rich interiors made the Hôtel Matignon one of the most elegant and most frequented mansions of Paris. The wood panelling is the work of Michel Lange, who had already decorated the Grand Salon of the Hôtel d'Évreux (today the Ambassadors' Salon of the Élysée Palace. The cornices and the stucco work are by Jean-Martin Pelletier and Jean Herpin. At the time, any "well-dressed" person was authorized by the owners to visit these splendors in their absence.

In 1731, the wife of Jacques de Matignon, daughter of Anthony I Grimaldi, succeeded her father as head of the principality of Monaco. In 1734, their son, Honoré III, mounted the throne. Although he was open to the revolutionary ideas of the time, he was imprisoned on September 20, 1793. At his liberation a year later, he was ruined, and his property under seal. His sons obtained restitution, but were obliged{{clarification needed}} to put the mansion up for sale in 1802.

In 1808, the Hôtel Matignon passed into the hands of one of the best-known figures of the first half of the 19th century: Monsieur de Talleyrand, Prince of Bénévent and Vice Great Elector. Four times a week he gave dinners for 36 guests, prepared in his kitchens by the renowned Boucher. As the shrewd diplomat that he was, he held a great number of balls in honor of the imperial family. In 1811, Napoleon called on Talleyrand to reimburse the city of Hamburg the four millions it had paid him in order to avoid incorporation into the new French département of the Bouches-de-l'Elbe. As the endeavor had failed, Talleyrand did not consider it necessary to return the sum. He was obliged to put the Hôtel for sale; the Emperor had it purchased for 1,280 000,Francs ... but Talleyrand never reimbursed Hamburg.

It was planned to place the Hôtel Matignon at the disposal of the head of the executive branch of the new Republic. But if General Cavaignac chose to reside there until December 1848, the Prince President, Napoleon III, preferred the Élysée Palace.

A short time later the Hôtel was sold to the Duke of Galliera, Raffaele de Ferrari, member of the Genoese nobility and husband of Marie de Brignole Sale, great niece to the Princess of Monaco. Together they possessed one of the great fortunes of the time; it is claimed that they owned half of Genoa. Founder of the Crédit Mobilier, Raffaele financed many of the major construction projects of the second half of the 19th century: railroads in Austria, Latin America, Portugal and France (the Paris-Lyon-Marseille line), the digging of the Fréjus tunnel and the Suez Canal, the Paris buildings designed by Baron Haussmann... Three years after the fall of Napoleon III (1870), the Duchess proposed that the Count of Paris take up residence at the Rue de Varenne. He came to occupy the ground floor of the Hôtel Matignon. On May 14, 1886, this was the setting of one of the century's most sumptuous receptions: three thousand guests, the entire aristocracy of France, the diplomatic corps and numerous political figures thronged to celebrate the marriage of Princess Amélie, the Count's daughter, with Carlos, heir to the Portuguese throne. The story goes that, on the day of the reception, the President had a sudden desire to visit the Bois de Boulogne, but was unable to leave the Elysée because of the congested traffic. The following day, no doubt alarmed by such a large gathering of Monarchists in the Capital, the President of the Council, Charles de Freycinet, called for a law exiling pretenders to the French throne. The next week the legislation was passed.

The Duchess of Galliera was disenchanted and quit Paris, leaving her mansion to the Austro-Hungarian Emperor, who made it his embassy in France. But the First World War found the two countries on opposite sides and, confiscated in 1919, the Hôtel Matignon was declared "enemy property". On November 21, 1922, after prolonged negotiations, France once more assumed ownership. During World War I, the hôtel was also the place where the philatelic collection of Philipp von Ferrary (the most valuable stamp collection ever assembled) was deposited when its owner, the son of the Duke of Galliera and an Austrian citizen, had to flee France in 1917. The collection was later broken up and sold by the French government after the war, as war reparations.

There were plans to turn the mansion into a museum; the property was to be subdivided and individual dwellings built, including the adjacent mansion built by the architect Jean Walter in 1924. However, Gaston Doumergue learned of the plans and decided to make it the headquarters of the President of the Council (Président du Conseil), as the position of head of government was known under the Third Republic. The architect Paul Bigot took the necessary steps and, in 1935, Pierre Étienne Flandin became the first new occupant.

In 1936 the "Matignon Accords" were signed between Léon Blum and the leaders of the spring 1936 strikes, introducing the 40 hour work week and paid vacations.

During the Second World War, the government moved to the city of Vichy, but on August 21, 1944, it was in Paris that the resistance leader Yvon Morandat and his companion seized the "Government Mansion", the Hôtel Matignon. In their haste they even confused the Avenue Matignon, located on the Right Bank of the Seine, with the Hôtel Matignon, situated on the Left Bank.

It was there that, on August 25, General de Gaulle convened the "Provisory Council of the Republic". Subsequent Presidents of the Council followed his example and, his return in 1958, like the new Republic, changed nothing more at Matignon than the occupant's name, which, instead of President of the Council, became Prime Minister.